ACFB Payment Dates 2024, Amount, Claim Online, Income Criteria & Eligibility

ACFB Payment Dates 2024, Amount, Claim Online, Income Criteria & Eligibility

Last Updated on: 4th February 2024, 05:38 pm

The Alberta Child and Family Benefit (ACFB) plays a crucial role in supporting families with children under 18 in Alberta. This tax-free assistance is provided in four installments throughout the year.

Below, we delve into the essential details, including eligibility criteria, payment amounts, application process, and methods to receive your benefits seamlessly.

ACFB Payment Dates 2024:

The ACFB payments for 2024 are scheduled on the following dates:

  • February 27, 2024
  • May 27, 2024
  • August 27, 2024
  • November 27, 2024

Eligibility Criteria:

To qualify for the ACFB in 2024, you must meet the following primary requirements:

  1. Residency: You must be a resident of Alberta.
  2. Children: Have one or more children under 18 residing with you in Alberta.
  3. Tax Filing: Submit your most recent income tax return to the Canada Revenue Agency (CRA).
  4. Income Limits: Your adjusted family net income (AFNI) should fall within the specified range.

You can also check the ACFB Notice.

For the period July 2023 to June 2024:

  • Full benefits are available for AFNI less than $25,935.
  • Partial benefits are available for AFNI between $25,935 and $43,460.
  • No benefit is provided for AFNI exceeding $43,460.

ACFB Payment Amounts 2024:

The benefit amounts for July 2023 to June 2024 are as follows:

  • Base Benefit:

    • $1,410 ($117.50/month) for the first child.
    • $705 ($58.75/month) for the second and third child.
    • $130 ($10.83/month) for the fourth and subsequent children.
  • Working Income Component (additional for families with earned income):

    • $722 ($60.16/month) for the first child.
    • $657 ($54.75/month) for the second child.
    • $393 ($32.75/month) for the third child.
    • $130 ($10.83/month) for the fourth and subsequent children.

How to Apply for ACFB Payment 2024:

If you meet the eligibility criteria and have filed your income tax return with the CRA, applying for the Canada Child Benefit automatically considers you for the ACFB. Follow these steps:

  1. File your Income Tax Return:

    • Submit your return online through MyCRA, by mail, or at a tax preparation service.
  2. Meet the Eligibility Criteria:

    • Ensure you meet the residency, child age, tax filing, and income limit requirements.
  3. Apply for the Canada Child Benefit (CCB):

    • Apply through MyCRA, by mail, or by phone.
  4. Receive Your Payments:

    • If eligible, receive combined CCB and ACFB payments via direct deposit or cheque.

You can also check the CRA Payment Dates 2024.

ACFB Payments Method 2024:

Choose the payment method that suits you best:

  1. Direct Deposit:

    • Fast and secure method, preferred by most recipients.
    How to set up Direct Deposit:
    • Log in to your MyCRA account or call the CRA at 1-800-959-2809.
  2. Cheque Payments:

    • Traditional paper method for those who prefer it.
    • Ensure your address is updated to avoid delays.

ACFB Payment troubleshooting:

If you face delays, consider the following steps:

  • Wait 10 business days: Allow time for processing and mailing.
  • Check your payment method: Confirm your chosen method (direct deposit or cheque).
  • Verify eligibility: Ensure you still meet the ACFB eligibility criteria.

Check also, the Azdor.gov Arizona Families Tax Rebate Claim, Amount, & Eligibility

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